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About FGC guarantee

Understand how the FGC guarantee works

Coverage Limits

Each person has an assured right to R250.000.00 against each associated institution or against all institutions of the same financial conglomerate. Understand how it works:

Determining the value

1. The holder is the person whose credit is registered with the institution or to whom the institution assigned this credit in an official document.

2. The credits of each creditor, identified by CPF/CNPJ, must be added considering all institutions that are part of the same financial conglomerate.

Credits held by associations, condominiums or entities

Associations, condominiums and entities without legal personality have a guarantee of up to R$ 250.000.00 for all their credits in the same institution or financial conglomerate.

Joint account

In joint accounts, the guarantee is limited to R$250.000.00 or the account balance, if less than the amount mentioned. This amount is divided equally between the holders, and each one receives their share separately.

Warranty limitation up to R$1 million

The guarantee count begins on the date the financial institution declares bankruptcy. The guarantee limit of R$250 thousand per CPF/CNPJ and financial conglomerate is applicable for a period of 4 years and after the 4-year period, the limit is renewed.
Investments made until December 21, 2017 are not subject to the limit of R$1 million for 4 years. The financial instruments guaranteed by the FGC have not changed.
The FGC now offers the same guarantee to foreign investors that it offers to Brazilian investors, following international recommendations. Deposits must be eligible for the FGC guarantee.

Special Warranty

The FGC offers a special guarantee for those who have a Term Deposit with Special Guarantee (DPGE).
DPGEs are only made for just one person, identified by CPF/CNPJ, and cannot be applied to joint accounts.
This type of deposit is created by the National Monetary Council and must be clearly identified in the contract or negotiation note.